Yggdrasil Close to Securing iGaming License in Gibraltar

Posted on February 11, 2016 by CasinoCashJourney

Fresh off winning the 2016 International Gaming Award for “iGaming Software Supplier of the Year,” Yggdrasil Gaming has announced its intention to secure a B2B iGaming license from the Gibraltar Licensing Authority. If and when the process has been approved and completed, which should be shortly, the company will hold key licenses in Gibraltar and with the UK Gambling Commission. This allows the company to provides its services and products to British operators.


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Yggdrasil Gaming’s Gibraltar License Application

In a press release related to the new Gibraltar license, Yggdrasil CEO Fredrik Elmqvist stated: “We were over the moon to be invited to apply for a Gibraltar license. It’s an exclusive jurisdiction, with a number of the major operators based there, and we believe it will be a fantastic new hunting ground for us. We’ve pretty much covered all the player liquidity available from the operators in Malta, so now is the time for us to be targeting Gibraltar where we will be building up our presence.”

He then added, “We’ll be putting some people on the ground in Gibraltar and are actively recruiting. We strongly believe we can hit the ground running as we have carved out a niche for ourselves that is different from other suppliers.”

Since the company’s introduction in 2013, Yggdrasil Gaming has been one of the more aggressive software developers in the industry. In 2015, the company’s game developers invested a lot of time and energy developing new games with cutting edge technology for integration with third-party software platforms. They are available in instant play mode or mobile devices that are compatible with Android or Apple operating systems.

On the sales end, the company succeeded in getting its games portfolio signed on to be included with numerous online casinos currently operating in Europe and other parts of the world. The portfolio contains 18 innovative video slots that cover a wide range of themes and slots formats. By securing the new Gibraltar iGaming license, the company will have access to hundreds of new operators.

Among Yggdrasil’s top games are titles such as Draglings, Cyrus the Virus, Incinerator, Cazino Zeppelin, Holmes & the Stolen Stones, Nirvana, Magic Mushrooms and Jokers Millions. As a company on the move, The year 2016 figures to be much more of the same with more games being introduced – the next one on the 24th February – and the entire portfolio being picked up by some of the top online casino sites in the industry.

Yggdrasil Gaming has its primary headquarters in Malta with addition administrative offices in Poland.